Latest Reinsurance Headlines

All the headlines from our Reinsurance Topic Page, ordered by recency.

Aon Re Global Study Finds Reinsurance Rates ‘Flat to Lower’

Apr 2 2007 // Aon Re Global’s analysis of reinsurance rates found premiums for “personal lines, standard commercial lines and complex commercial lines,” are “likely to be flat to lower during mid-year renewals of...

Firm Releases Study of Possible La. ‘Catastrophe Fund’

Mar 30 2007 // A private firm has released its study of how Louisiana would operate a “catastrophe fund,” one of several ideas lawmakers are considering to help ease the state’s property insurance crisis.The study...

Equitas Completes Reinsurance Deal with Berkshire Hathaway

Mar 28 2007 // Equitas, the run-off vehicle established by Lloyd’s in 1996 to handle 1992 and prior years’ non-life liabilities, has completed its reinsurance transaction with National Indemnity Company, a member of the...

Davis to Retire from Allied World

Mar 26 2007 // Bermuda’s Allied World Assurance Company Holdings, Ltd. announced that G. William Davis, Executive VP – Worldwide Treaty and Facultative Reinsurance, is retiring from the company effective March 31, 2007. He...

GJS Re Expands Operations, Opens in East

Mar 21 2007 // Los Angeles, CA – Derek Gullage has joined GJ Sullivan Reinsurance (GJS Re) as Vice President in their Los Angeles office.Mr. Gullage previously spent ten years with the Farmers Insurance Group, where most recently...

Ark Syndicate Is Newest Lloyd’s MGA

Mar 20 2007 // Ark Syndicate Management opened for business as Lloyd’s newest managing agency. Ark will assume the management of Syndicate 4020 with a 2007 capacity of £114 million ($222 million). The new Syndicate “will...

European Insurance Forum Puts Ireland in the Spotlight

Mar 19 2007 // 18 years ago an Irish insurance conference probably would have consisted of a broker and an underwriter from Dublin having a pint of Guinness in a pub (most likely in London). Times have changed. Since the founding of the...

Dignat Joins Guy Carpenter’s New European Solutions Group

Mar 19 2007 // Guy Carpenter & Company, LLC, the global risk and reinsurance specialist of the Marsh & McLennan Companies, announced the appointment of Laurent Dignat, 41, to its newly created European Solutions Group. He...

Insurer Argonaut, Reinsurer PXRE to Merge, Forming Argo Group

Mar 15 2007 // Argonaut Group, Inc., a specialty underwriter, and PXRE Group Ltd., a Bermuda-based property reinsurer, have agreed to a merger under which the combined entity will do business as Argo Group International Holdings...

Guy Carpenter Launches ‘SelectCat’ Reinsurance Pricing & Loss Index

Mar 14 2007 // Guy Carpenter & Company, LLC, the risk and reinsurance specialist of the Marsh & McLennan Companies, has launched SelectCat, which it describes as “an innovative, index-based product that provides...

S&P Sees No Ratings Change for Swiss Re Subsidiaries

Mar 14 2007 // Standard & Poor’s Ratings Services said that its ratings and outlooks on the European subsidiaries of Zurich-based global reinsurer Swiss Reinsurance Co. -rated “AA-/Stable/A-1+” – remain...

Swiss Re to Alter Structure as EU Re Directive Deadline Approaches

Mar 13 2007 // Swiss Re announced plans to alter its current corporate structure within the European Union by forming three legal entities, based in Luxembourg.They “will serve as risk carriers for most of its European reinsurance...

Millea to Form Reinsurer with JP Morgan Chase

Mar 12 2007 // Millea Holdings, Inc. announced that it plans to establish a life and annuity reinsurance subsidiary on the Isle of Man by the end of this month. “Tokio Marine Bluebell Re Limited,” will be set up jointly with...

FITCH LOOKS AT EFFECTS OF REINSURANCE PROPOSAL

Mar 12 2007 // Fitch Ratings says it does not believe that individual (re)insurers’ financial or competitive positions will be materially altered under the National Association of Insurance Commissioners’ reinsurance task...

Fitch looks at effects of reinsurance proposal

Mar 12 2007 // Fitch Ratings says it does not believe that individual (re)insurers’ financial or competitive positions will be materially altered under the National Association of Insurance Commissioners’ reinsurance task...

Reinsurers’ Group Says Regulation Goes Beyond Collateralization Issue

Mar 9 2007 // Franklin W. Nutter, president of the Reinsurance Association of America (RAA) said reinsurance regulation goes beyond the narrow issue of collateral, and is pleased that the National Association of Insurance Commissioners...

New Mexico PRC Asking Why Former Superintendent Didn’t Investigate

Mar 8 2007 // New Mexico’s Public Regulation Commission is asking why former Insurance Superintendent Eric Serna did not investigate a title insurance company that admitted giving more than $300,000 to a builder in what a state...

Max Re Name Change

Mar 7 2007 // Bermuda-based Max Re Capital Ltd. announced that it will seek shareholder approval to change the Company’s name to Max Capital Group Ltd. at the 2007 Annual General Meeting of Shareholders (AGM) to be held on Friday,...

Fla. Home Premiums Could Fall 10%-50% Under New Reinsurance Law

Mar 5 2007 // Florida homeowners could see average property insurance savings ranging from around 10 percent in the Panhandle to more than half the cost of their policy in South Florida because of a new law, state insurance officials...

Best Revises 2007 Global Reinsurance Outlook to Stable

Mar 1 2007 // Following its upbeat analysis of the personal lines market (See related article in National section), A.M. Best Co. has also given a thumbs up to the global reinsurance market.Best revised its 2007 outlook for the sector...